Procurement policy objectives
The objectives of this Procurement Policy are to :
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Ensure a consistent, best practice approach to procurement across Northumbrian Water.
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Ensure that all individuals involved in the procurement of third party works, goods and services have a clear understanding of the Northumbrian Water Procurement Policy and what is required of them.
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Provide that only the most appropriate works, goods and services are procured from reputable, competent suppliers on the basis of best value for money for Northumbrian Water.
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Protect Northumbrian Water, and the individuals involved, from the considerable risks associated with procurement not being properly conducted.
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Include the principles of our Sustainable Development Policy in our choice of business partners and suppliers of works, goods and services.
Procurement policy key principles
Northumbrian Water Procurement Policy is based on the following underlying principles:
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Procurement is based on best value for money.
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Procurement is based on competition.
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Procurement delivers continuous performance improvements.
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Procurement complies with all legal and regulatory legislation and regulations.
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Procurement is conducted according to the highest ethical standards.